A short-term lease which is often cancellable is known as

Related MCQs

• A lease which is generally not cancellable and covers full economic life of the asset is known as
• Lease which includes a third party (a lender) is known as
• Which of the following is not a usual type of lease arrangement?
• Which of the following is not true for a "Lease decision for the lessee?
• In lease system, interest is calculated on
• Under income-tax provisions, depreciation on lease asset is allowed to
• One difference between Operating and Financial lease is:
• From the point of view of the lessee, a lease is a:
• For a lesser, a lease is a
• If a company sells its receivable to another party to raise funds, it is known as